10/23/2026
Is your gold buyer weighing in pennyweights and paying you in grams? Here's what 20 years in the business has taught us about how sellers get shortchanged, and what the usual advice leaves out.
After 20 years of buying gold, here is what to watch for before you sell: pennyweight scales passed off as grams, melt loss excuses, gold paid at the wrong karat, payment terms that cost you, and buyers whose own suppliers can fail mid deal.